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Intro 8 years ago, a new machine cost $4 million to purchase. The machine was to be linearly depreciated to zero over 30 years. Part

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Intro 8 years ago, a new machine cost $4 million to purchase. The machine was to be linearly depreciated to zero over 30 years. Part 1 Attempt 1/5 for 10 pts. What is the annual depreciation (in \$)? Part 2 Attempt 1/5 for 10 pts. What is the current book value (in \$)

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